Quote from: bitwise-shifted on June 13, 2015, 05:07:51 PM

Quote from: OldManKid on June 13, 2015, 04:09:08 PM

Quote from: bitwise-shifted on June 13, 2015, 02:18:18 PM

Quote from: MaNI on June 13, 2015, 12:30:15 PM

Ahh yes, I of course mean 2.5 minutes and 1.5 minutes, not paying close attention my mind is elsewhere on more important matters so apologies for that

Anyway all other points remain, you should be far more concerned about the difficulty than by the block spacing being slightly off.

Sorry to disturb you once more about this issue, that does matter to me. Allthough it is slightly out of scope, you did challenge me. If you promise people 1000 NLG each 2,5 minute (150 sec), when you anounce it on github and when you point to a C-Constant that confirms that once upon a time it was your target, but when the outcome is 600 NLG each 2,5 minute during the last two months than there is something wrong. You relieve the market of some 7 Milion NLG each month and you deprive this from your miners. Whatever is the cause, you should be open about the facts.

The last time the price was pumped for EFL from 500 to 4000 the coin experienced close to a 10 hr block time and the reward was 25. So a 4000 price then is worth a 8000 price today for your miners.
EFL difficulty is +- 30 and only because of +- 1 minute blocks times, if you have 2.5 min or 5 min or 10min etc Then you have to divide the difficulty. So if EFL was same as bitcoin then your diff would
go to 3 unless miners didn't care about wasting electricity.

For EFL to get the same Multi pool pressure your price would need to be 11 times what it is now. The reason for the disparity is because EFL already have 2 reward halving and I think guldencoin hasn't had one yet. So for EFL blockchain to be as secure your price will need to be +- 40 000 Satoshi but then you will experience mass influx of multi pools and EFL will be a lot worse off then guldencoin.

OldManKid, You respond to a quote that has no relevance to your response, ...
Your reasoning seems interesting but it has too much speculation and errors in it. I do reply this time but just to demonstrate why it will be the last time :
Your pumping notion is suggestive. As long as you don't work for Bittrex and it wasn't you then you know nothing.
Multipool pressure is real but it cannot be controlled by solutions Guldencoin choses to implement. (That is more than an opinion)
EFL only has had one reward halving; We make our own anouncements thank you.
4000 worth then is 8000 worth now, but only because the bitcoin price halved.
EFL difficulty is 40 not 30 and block times are 2 minutes (not one) and very exact !
EFL is not the same as Bitcoin and I suppose Miners do care about electricity. Did it cross your mind that they also might believe in EFL ? Not the technical foundation which is 99,9 % Satoshi, as are all Altcoins, but the way to go.

EFL difficulty is 40 not 30 and block times are 2 minutes (not one) and very exact !
I don't know both coins details off by heart but It doesn't mean I am wrong, the concept is still the same.
Blocks I looked at on first page 359240 - 359241 have almost 12 minute block time, that is far from exact?
Also your diff on this block explorer is between 30 and 40 http://explorer.cryptoblox.com/chain/Electronic%20Gulden , but forget about exact details it's the fact the EFLs price is far too low for multi pools to even care about the coin.

4000 worth then is 8000 worth now, but only because the bitcoin price halved.
Not true, if bitcoin price stays the same and your rewards halve it means miners are getting less coins for same price. Coins rewards halve and price needs to double if bitcoin price stays the same.

Your pumping notion is suggestive. As long as you don't work for Bittrex and it wasn't you then you know nothing.
It was a pump.

OldManKid, You respond to a quote that has no relevance to your response, ...
I am responding to the people who read on your forums and believe everything you say but on btctalk you dealing with experienced people, so you can't lie to us. You can understand what I am saying if you ask that person to use that 22 btc to pump the coin to 20k satoshi.

I don't know if you trolling to get free bumps on this ANN or if you really don't understand?